CPI Inflation declined to 4.9% in November
Pakistan's inflation rate has taken a stunning nosedive, hitting 4.9% in November—the lowest since April 2018! This marks a sharp turnaround from the 7.2%...
Breaking Barriers: KSE-100 Index Hits Historic 100,000 Points – A New Era for Pakistan’s Market!
Today, the KSE-100 Index of the Pakistan Stock Exchange (PSX) reached the historic milestone of 100,000 points for the first time in its history,...
Rollover Pressure and Political Chaos Drag KSE-100 Down 3,506 Points
Today's trading session on the Pakistan Stock Exchange (PSX) saw a notable downturn. The benchmark KSE-100 Index dropped by 3.57%, closing at 94,574 points,...
Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”
The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...
MPC decided to hold the Policy rate steady at 22%
The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today.
The MPC noted that despite...
MLCF’s subsidiary Novacare to build hospital with $110Mn investment
Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a state-of-the-art hospital in Islamabad...
Weekly SPI surged by 1.11%
The Weekly Sensitive Price Indicator (SPI) significantly increased by 1.11% WoW during the week ended March 07, 2024,
The SPI rose 32.39% YoY compared...
Remittances surged by 13% YoY in Feb’24
According to the latest data from the SBP, Workers' Remittances dropped by 6.18% MoM in February to $2.25 billion, down from $2.4 billion in...
Moody’s has revised Pakistan’s banking sector outlook from Caa3 negative to...
Moody's Investors Service (Moody's) has upgraded the outlook for Pakistan's banking sector from Caa3 negative to stable
The report highlights the banks' resilient profitability and...
SAZEW Three-Wheeler sales declined by 31.6% in Feb
The Sazgar Engineering Works Limited (PSX:SAZEW) announced the production & sales data for the month of February, 2024.Three-Wheelers:
The company produced 1,518 units in the month...
